If You’re Thinking of Selling Your House This Fall, Hire a Pro

If You’re Thinking of Selling Your House This Fall, Hire a Pro | MyKCM

Today’s market is at a turning point, making it more essential than ever to work with a real estate professional. Not only will a trusted real estate advisor keep you updated and help you make the best decisions based on current market trends, but they’re also experts in managing the many aspects of selling your house.

Here are five key reasons why working with a real estate professional makes sense today.

1. A Professional Follows the Latest Market Trends

With higher mortgage rates and moderating buyer demand, conditions are changing and staying on top of the latest market information is crucial when you sell.

Working with an expert real estate advisor helps ensure you can stay updated on what’s happening. They know your local area and follow national trends too. More importantly, they’ll know what this data means for you, and as the market shifts, they’ll be able to help you navigate it and make your best decision.

2. A Professional Helps Maximize Your Pool of Buyers

Your agent’s role in bringing in buyers is important. Real estate professionals have a large variety of tools at their disposal, such as social media followers, agency resources, and the Multiple Listing Service (MLS) to ensure your house is viewed by the most buyers. Investopedia explains why it’s risky to sell on your own without the network an agent provides:

“You don’t have relationships with clients, other agents, or a real estate agency to bring the largest pool of potential buyers to your home. A smaller pool of potential buyers means less demand for your property, which can translate into waiting longer to sell your home and possibly not getting as much money as your house is worth.”

3. A Professional Understands the Fine Print

Today, more disclosures and regulations are mandatory when selling a house. That means the number of legal documents you’ll need to juggle is growing. The National Association of Realtors (NAR) explains it best, saying:

“Selling a home typically requires a variety of forms, reports, disclosures, and other legal and financial documents. . . . Also, there’s a lot of jargon involved in a real estate transaction; you want to work with a professional who can speak the language.”

A real estate professional knows exactly what needs to happen, what all the fine print means, and how to work through it efficiently. They’ll help you review the documents and avoid any costly missteps that could occur if you try to handle them on your own.

4. A Professional Is a Trained Negotiator

If you sell without a professional, you’ll also be solely responsible for all the negotiations. That means you’ll have to coordinate with:

  • The buyer, who wants the best deal possible
  • The buyer’s agent, who will use their expertise to advocate for the buyer
  • The inspection company, which works for the buyer and will almost always find concerns with the house
  • The appraiser, who assesses the property’s value to protect the lender

In today’s changing market, buyers are regaining some negotiation power as bidding wars ease. Instead of going toe-to-toe with all the above parties alone, lean on an expert. They’ll know what levers to pull, how to address everyone’s concerns, and when you may want to get a second opinion.

5. A Professional Knows How To Set the Right Price for Your House

If you sell your house on your own, you may be more likely to overshoot your asking price. That could mean your house will sit on the market because you priced it too high for where the market is now. Today, pricing a house requires even more expertise to ensure you get it right. NAR explains it like this:

“A great real estate agent will look at your home with an unbiased eye, providing you with the information you need to enhance marketability and maximize price.”

Real estate professionals know the ins and outs of how to price your house accurately and competitively. To do so, they compare your house to recently sold homes in your area and factor in the current condition of your home. These steps are key to making sure it’s set to move quickly while still getting you the highest possible final sale price.

Bottom Line

Whether it’s following local and national trends and guiding you through a shifting market or pricing your house right, a real estate agent has essential insights you’ll want to rely on throughout the transaction. Don’t go at it alone.  If you plan to sell your house, let’s connect.

Homebuyers: Be Ready To Act This Winter

Homebuyers: Be Ready To Act This Winter | MyKCM

To succeed as a buyer in today’s market, it’s important to understand which market trends will have the greatest impact on your home search. Danielle Hale, Chief Economist at realtor.comsays there are two factors every buyer should keep their eyes on:

“Going forward, the conditions buyers face are primarily dependent on two things: mortgage rates and housing supply.

Here’s a look at each one.

Mortgage Rates Projected To Rise in 2022

Homebuyers: Be Ready To Act This Winter | MyKCM

As a buyer, your interest rate directly impacts how much you’ll pay on your monthly mortgage when you purchase a home. Rates are beginning to rise, and experts forecast they’ll continue going up in 2022 (see graph below):As the graph shows, mortgage rates are expected to climb next year. But they’re still low when you compare to where they were just a few years ago. That presents today’s buyers with some motivation to lock in a low mortgage rate before they climb higher.

More Homes Are Expected To Be Available This Season

The other market condition buyers need to monitor is the number of homes available for sale today. The latest Existing Home Sales Report from the National Association of Realtors (NAR) shows the current supply of inventory sits at just 2.4-months. To put that into perspective, a 6-month supply is ideal for a balanced market where there are enough homes to meet buyer demand.

However, there may be good news for buyers who are waiting for more options. A recent realtor.com survey shows more sellers are planning to list their homes this winter, meaning more choices will likely be available soon.

What Does That Mean for You?

Even if your options improve some this season, it won’t significantly shift market conditions overnight. According to NAR, many more listings need to be available to move closer to a more neutral market:

“Given the average monthly demand . . . , 3.55 million homes should be on the market to meet a level of inventory equal to six months of demand, implying a shortage of homes for sale of 2.24 million.”

So remember, even with more homes expected to come to market this season, competition among buyers will remain fierce as there still won’t be enough homes for sale to meet the current demand. That means you’ll need to act quickly when you’re ready to make an offer.

Bottom Line

If you’re planning on buying a home this winter, more options are welcome news, but it doesn’t mean you should slow down. Let’s connect today so you have an expert on your side to help act as quickly as possible when the right home for you hits the market.

Home Is Where the Heart Is More than Ever This Year

Home Is Where the Heart Is More than Ever This Year | MyKCM

There’s no denying the financial benefits of homeownership, but what’s often overlooked are the feelings of gratitude, security, pride, and comfort we get from owning a home. This year, those emotions are stronger than ever. We’ve lived through a time that has truly changed our needs and who we are, and as a result, homeownership has a whole new meaning for many of us.

According to the 2021 State of the American Homeowner report by Unison:

“Last year, staying home became a necessity and that caused many homeowners to have renewed gratitude for the roof over their head.”

As a nation, we continue to work through the challenges of a pandemic that’s pushed us all to new limits. Over the past year and a half, we’ve spent more time than ever at home: working, eating, schooling, exercising, and more. The world around us changed almost overnight, and our homes were redefined. Our needs shifted, and our shelters became a place that protected us on a whole new level. The same study from Unison notes:

  • 91% of homeowners say they feel secure, stable, or successful owning a home
  • 64% of American homeowners say living through a pandemic has made their home more important to them than ever
  • 83% of homeowners say their home has kept them safe during the COVID-19 pandemic
Home Is Where the Heart Is More than Ever This Year | MyKCM

It’s no surprise this study also reveals that homeowners are now more emotionally attached to their homes as well:As we’ve learned throughout this health crisis, homeownership can provide the safety and security we crave in a time of uncertainty. That sense of connection and emotional stability genuinely reaches beyond just the financial aspect of owning a home. As JD Esajian, President of CT Homes, LLCsays:

“Aside from the financial factors, there are several social benefits of homeownership and stable housing to consider. It has long been thought that buying a home contributes to a sense of accomplishment. Still, most individuals fail to realize that homeownership can benefit your mental health and the community around you.”

Whether you’re thinking of buying your first home, moving up to your dream home, or downsizing to something that better fits your changing lifestyle, take a moment to reflect on what Mark Fleming, Chief Economist at First American, notes:

“Buying a home is not just a financial decision. It’s also a lifestyle decision.”

Bottom Line

If you’re considering buying a home, it’s not entirely about the dollars and cents. Don’t forget to weigh the non-financial benefits that may truly change your life when you need them most.

The SMB Guide to Success in the LGBTQ Market (2021 Research)

(This article was written by Alex Gentile and was published on https://www.websiteplanet.com/blog/smb-guide-success-lgbtq-market-best-practices/. A reader of my blog requested that I share and I most happily agree. A well written article that is very informative and helpful for small and medium sized businesses!)

Alex Gentile

If you own or manage a small or medium-sized business (SMB), this article is for you. With less resources to play around with, SMBs must pull on all available resources to effectively work with and market to a wide customer base focused on interests, not social demographics.

That’s why SMBs must begin building strategies to effectively market to and work in an LGBTQ-affirming world.

The LGBTQ market is one of the fastest-growing sectors out there, and it’s becoming an increasingly valuable customer base across all industries. In fact, according to GayStar News, a conservative estimate on the size of the global LGBTQ market is $3.7 trillion – that’s a huge market that could be left out of your customer base unless you take the right steps. This community is also particularly sensitive to social issues.If your business is not perceived to be an ally to the LGBTQ community, its members will use their voice – and their money – to make it known.Share

Additionally, Dalia Research released a study showing that throughout the European Union, upwards of six percent of the population identify as part of the LGBTQ community.

The question now is how to engage the LGBTQ population effectively.

LGBTQ-Friendly and Affirming

It’s important to understand the difference between being LGBTQ-friendly and affirming.

To be LGBTQ-friendly means establishing your business as a safe space for LGBTQ people to work and shop. Having a diverse workforce, avoiding discriminatory hiring practices, and ensuring all employees understand the importance of using inclusive language are all part of creating a truly LGBTQ-friendly environment.

The urgency for fostering safe spaces is further underlined by hard research. A study by German LGBTQ staffing firm PROUTATWORK found a large percentage of LGBTQ employees feel dissatisfied with the lack of inclusivity in their workplaces. This eventually affects morale and – in most cases – businesses’ bottom line.

There are many ways to gain a reputation of being non-inclusive to the LGBTQ population – but one of the clearest and most effective ways to establish your business as LGBTQ-friendly is to follow the best practices for non-discrimination in terms of sexual orientation and gender, detailed further in this article.

On the customer side, it’s crucial to let LGBTQ customers know you welcome them to your business – whether in person or online. A customer who believes your business is friendly to their community is far more likely to choose your product over your competitors’ offerings, based solely on this one factor. This is especially true when it comes to millennials and Gen Z.

LGBTQ affirmation is another thing entirely. On a first-level basis, it’s accepting that the LGBTQ population is a present part of society, and that we must cater to their needs like all other demographics. But on a deeper level, businesses of all sizes are at the forefront of societal change, and the LGBTQ community needs businesses more than ever.

One mistake many businesses make is acknowledging the LGBTQ community only when everyone else is. When Pride celebrations take place all around the world, many businesses choose this time to essentially “hop on the bandwagon” in terms of marketing and business operations.

But it’s a year-round commitment to this community that makes a business truly stand out. AdWeek and many other marketing industry publications have found that the LGBTQ community notices which companies embody this constant commitment, and which ones only hop onto the international Pride week bandwagon.

This is a mistake most SMBs can’t afford to make. The bad press and negative public perception associated with a lack of fidelity or worse – outright intolerance, for example – can cost you money.

Tasteful LGBTQ-Inclusive and Sensitive Communication

In 2014, former CNN anchor Piers Morgan interviewed transgender rights advocate Janet Mock for the release of her book Redefining Realness.

The interview begins harmlessly with a nice greeting, but viewers will notice that very soon, the interview takes focus on the “otherness” of Ms. Mock – the fact that she is a transgender woman.

Why is this offensive? For starters, most of the interview just focuses on Mock’s gender identity as opposed to the work she is presenting. That means her gender identity is more important and more interesting than her contributions.

You’ll also notice that the subtitle under her name says “Was a boy until age 18,” which is a mischaracterization of Mock’s experiences and again puts undue focus on her gender identity.

Many people in the LGBTQ community find this kind of occurrence belittling and outright offensive – but it’s a mistake many people make every day. For SMBs, these subtle “microaggressions” – small but noticeably offensive instances of discrimination or misunderstanding – can make an LGBTQ person feel disrespected and impact morale.

For owners or managers of businesses of any size, it’s crucial to be aware of how to properly address an LGBTQ person.A transgender woman – someone who is transitioning or has transitioned into the female gender – most likely wishes for their colleagues to refer to them as a woman, not someone who “was once a man.”Share

Being LGBTQ-inclusive in communications can be difficult. It’s often small mistakes that create big waves in terms of a company’s reputation. Taking a hard look at how you communicate is essential to establishing your business as LGBTQ-friendly and affirming.

The Applicability Test

Different types of business communication have different objectives, but they all have one overarching goal in mind – being applicable to as many recipients as possible.

For internal communications, the idea of complete applicability is more clearly the objective. This is where the applicability test can truly be useful.

The applicability test aims to solve one question – does the communication deliver the intended message effectively and equally, regardless of age, race, gender, sexual orientation, and otherwise?

Using Inclusive Pronouns

Inclusivity is at the heart of many workplace and marketing issues when it comes to the LGBTQ community. That’s because LGBTQ people often feel like “the other” in professional situations.

Being inclusive means gearing your actions toward applicability for all people. That includes marketing practices and – perhaps more importantly – operational practices within your business.

The recognition of the widening definition of gender is one area where SMBs typically are not inclusive. Expressions and definitions of gender have expanded greatly as the understanding of the LGBTQ community has increased, which calls for new societal norms to take place in and out of the workplace.

Many people identify as male or female, but more people are identifying as non-binary – this means they do not identify with either gender. As is more often the case, non-binary people are starting to use they/them pronouns as opposed to he/his or she/her.

Addressing someone in a professional setting has its own challenges. For instance, we often use honorifics when addressing someone in a professional setting. Here’s a breakdown of gender-neutral solutions that can be used in any professional setting for English, French, Spanish, and German speakers:


It’s OK to Ask

It can be confusing to know how to properly address someone in a professional setting.It’s always okay to ask someone privately what their pronouns are. Far more often than not, people will appreciate that you were considerate enough to ask.Share

The point here is that there is nothing to lose by making internal communications more applicable to more people, or by using someone’s correct pronouns in direct communication.

Making the move toward gender-neutral pronouns and finding out a particular person’s gender is an incredible way for SMBs to become more LGBTQ-inclusive and friendly in their day-to-day operations.

Marketing to LGBTQ Audiences through Email, Social Media, and Online Forms

Many of your customers could be part of the LGBTQ community, so developing marketing content that is applicable to everyone is crucial.

Email Marketing

Many companies make assumptions as to who is using their products. Sometimes, LGBTQ people are not incorporated into product marketing plans, so advertising campaigns miss out on – as stated above – a nearly $3.7 trillion market.

For instance, the cosmetics industry is dominated by the pursuit of women’s money, but transgender women are also potential buyers of these products.How can you reach out to the entire spectrum of people who might want to purchase your product?Get neutral – Consider using gender-neutral pronouns such as Mx., or doing away with pronouns altogether.Frame your message – Understand that any and all types of people are potential buyers of your products.Be diverse – When attaching media in emails, ensure they express the widening definitions of love, family, and similar concepts to include LGBTQ people.

Social Media

SMBs can use social media as a way to cheaply and effectively market to their customers, and doing right by the LGBTQ community can open up a whole new market for your business.

Whether you use Facebook, Twitter, Instagram, LinkedIn, or any combination of these, keep in mind that LGBTQ customers across the board use social media to find and interact with brands who support their community. The ease of sharing social media posts can also put your dedication to LGBTQ people on blast.

Yet, users’ ability to share content can have negative consequences, especially when something reaches viral status.

Take for instance what happened with the Twitter account @prideinlondon – they shared poster images that they believed would foster understanding between the straight and LGBTQ communities, with a little touch of humor thrown in.


What this actually caused was a social media backlash because the slogan uses the term “gay”  as derogatory.

You’re not gay, though, so once you’ve cleared that up – what was it, your shoes, or your love of disco? – you get to just carry on. pic.twitter.com/2LpuIoVWm1

— Justin Myers (@theguyliner) June 29, 2017

This and other images caused a negative response so large that @prideinlondon issued a long and exhaustive apology.

Fortunately, there are cases when brands make the right choice in marketing to LGBTQ audiences, especially when the message is based on building relationships and expressing support. This Starbucks ad, which ran during Pride month in 2018, doesn’t try to sell coffee. It’s a perfect example of relationship marketing at its best:


All together now. ❤️ #PrideHow can SMBs use social media to reach LGBTQ customers?

Use hashtags – Nearly all social media platforms use hashtags (#) to connect posts to particular conversations. Examples of hashtags include #loveislove, #LGBTQ, and #equality. Hashtags often help connect a post to a cause or a specific audience.
Make a statement – Not all posts need to sell a product. As people are increasingly choosing brands that support their worldview, making a statement can show current and potential LGBTQ customers you stand behind them.
Monitor posts for negative comments – Sometimes people who are anti-LGBTQ will post offensive comments. When this happens, it’s crucial for your business to show solidarity with the LGBTQ community.

Online Forms

Many SMBs use online forms to obtain important information about their customers for marketing purposes. If used correctly, online forms can shape the way you communicate with your customers as well.

Yet, one major mistake companies make when creating online forms is asking for inappropriate information, or asking in an inappropriate way.

Take a look at the picture below. Do you know which is the more appropriate approach to collecting gender information?

gendered online form

If you answered “left,” you’d be correct for two reasons.

First, the three choices cover the entire spectrum of generally-accepted pronouns. People in the LGBTQ community sometimes do not align with a particular gender, and the form on the left acknowledges this. Additionally, there is a space where someone can enter their desired pronouns if they are not listed.

Next, notice the “Why We Ask for This” pop-up. Asking for pronouns means asking for gender information, which some people regard as sensitive information. The pop-up ensures the potential customer that the pronoun information they provide is only used for one simple purpose – to help the business automatically refer to the user by their pronoun.

When you create online forms, remember these two things:

  1. Be transparent – Always be upfront about why you are asking users for their information, especially when asking for potentially sensitive information such as gender pronouns.
  2. Be inclusive – Design your forms so that people all across the LGBTQ spectrum can answer.

Video Campaigns and Commercials

Video campaigns are where SMBs can gain a competitive edge over competitors. Video can tell a detailed story in just a few seconds, to drive sales or express your company’s values.

When marketing to LGBTQ audiences, many of the same rules from other marketing methods apply. Avoiding stereotypes and treating the LGBTQ customer with the same respect as all other markets is paramount to converting these customers into sales and avoiding potential public relations disasters.

Here’s an example of toothpaste company Colgate creating an effective campaign that shows where the company stands on LGBTQ people:

What are some things you notice about this video?

If you were watching closely, you’d notice the subtlety Colgate uses in directly addressing the LGBTQ community. This ad, which ran in Mexico, expresses a family’s acceptance of two gay men moving in together.

What this video doesn’t do is concentrate on their relationship. The ad is not about the two men being gay – it’s about how family love knows no bounds. This drives Colgate’s message home: regardless of who you are, you have their support. It shows that being gay is a normal part of some families’ lives.

We can see another incredible example of normalizing and legitimizing LGBTQ people in this IKEA ad:

Again, the fact that the women are lesbians is not at all a focal point. The rather casual approach to showing two women in an intimate relationship does not over-emphasize the fact they are LGBTQ.

But sometimes, companies make bad choices when they engage the LGBTQ audience. See if you can identify why this next ad, from British airline company Silverjet, may be problematic:

Why is this a bad thing?

First and foremost, it assumes that lesbian couples can only think of one thing when there are women-only bathrooms – using them for sexual purposes. As opposed to being a humorous element, it paints lesbians as explicitly sexual.

Second, the advertisement uses this stereotype to sell a service that in and of itself is not sexual. Thus, it mischaracterizes an entire group of people for financial gain.

If you are thinking of creating a video or television commercial for your SMB to engage the LGBTQ population, here are a few things to keep in mind:

Avoid stereotypes – LGBTQ people have been suffering the effects of stereotyping for as long as anyone can remember. Using stereotypes not only dilutes the pain and suffering caused by that struggle, but takes a point of pain and cheaply utilizes it for financial gain.

Avoid “otherness” – In our day and age, LGBTQ people want to be treated just like everyone else. In the IKEA and Colgate ads, there is no real emphasis on the couples’ sexuality, which in turn, normalizes them.

Avoid “cheap laughs” – Nobody wants a company to poke fun at their struggles, hardships, or realities. Doing the same to LGBTQ people is offensive, especially considering that there are plenty of examples to the contrary.

Creating an Inclusive Brand Image

Changing your marketing approach is a big task, but one that is not impossible.

In order to make your brand image more inclusive, you need to ask yourself a few questions:

  1. Does my company represent LGBTQ people in its marketing?
  2. If it does, do the marketing materials avoid stereotypes?
  3. Are there opportunities to market to both LGBTQ and non-LGBTQ people at the same time?

If you or your marketing manager answer “No” to any of these questions, it’s time to reassess your marketing practices. The changes required to be more inclusive can lead to big dividends later on. Remember, LGBTQ people are a $3.7 trillion market.

SMBs who leave the LGBTQ population out of the equation will, in due time, be left behind by companies that do.

In order to change your marketing practices to effectively court the LGBTQ community, here are a few steps any SMB can take:

  • Include LGBTQ people – In video content, voice content, and social media. Feature LGBTQ couples or individuals in commercials, and show that your products and services are for them, too.
  • Incorporate LGBTQ people – In almost any completely hetero-normative advertisement, whether online video or television commercial, there is an opportunity to include LGBTQ people.
  • Use focus groups and market research – Oftentimes, glaring inconsistencies in marketing are caught by customers. Consider conducting market research or running focus groups on your advertising to see what customers – especially potential LGBTQ customers – think about your advertising strategy.

It’s good business, and good business leads to a better world.

Creating an LGBTQ-Inclusive Workplace Conduct Policy

Now that we’ve covered both fostering LGBTQ-friendly workplace communication and creating LGBTQ-friendly marketing strategies, the only thing left is to ensure the work environment is safe and accepting of LGBTQ people.

SMBs – and any size business, really – should have a clear and understandable document that spells out its workplace conduct policy. There are three main points all proper policies that protect LGBTQ people cover:

Harassment – Harassment is subjecting a person to unwanted attention based on a sensitive subject. This can include:

  1. Language of a sexual nature
  2. Threats based on gender, gender expression, or sexual identity
  3. Unacceptable physical contact
  4. Hostility based on gender, gender expression, or sexual identity

Discrimination – Discriminating against someone for their gender, gender expression, or sexual identity is strictly prohibited by law in many countries, and should also be in any workplace conduct policy.

Bullying – Any form of intimidation or unwanted behavior that takes place because of someone’s gender, gender expression, or sexual identity should be strictly prohibited. Online or offline bullying can include:

  1. Hostile encounters
  2. Publicly shaming someone
  3. Distributing inappropriate materials about someone

When you develop your workplace conduct policy, make sure it is clearly displayed so that not one single employee can say they were unaware of the rules regarding discrimination against LGBTQ people.

Be the Change You Want to See in the World

Now that we’ve covered internal communications, marketing, and workplace conduct in terms of LGBTQ people, let’s review the three biggest key takeaways:

  1. Crucial to Success – LGBTQ people, whether as employees or customers, are a valuable part of any business’ bottom line.
  2. Consequences Are Real – Companies who make light of the issues surrounding LGBTQ people can suffer operational inefficiency, lose market share, and face legal ramifications.
  3. Celebrate LGBTQ People – As a business moving forward with the social and societal trends of today’s world, you need to remember that LGBTQ people – like any other group – are equally deserving of being celebrated.

Even small businesses can take steps to be on the right side of history:

Sponsor LGBTQ Events – Invite employees to Pride Month celebrations, or even hold events in your place of business.

Educate – Teach employees how to be more accepting and affirming of LGBTQ people whenever possible.

Be Willing – Keep an open mind about how to properly manage LGBTQ employees’ concerns, market to LGBTQ audiences, and to further deliver on promises to protect LGBTQ employees and customers alike.Feel free to share this report on Facebook and Twitter, just be sure to give us credit!